Total hard credit enhancement will represent 4.5% of the note balance, and initial reserves amounting to 2.0% of the pool.

Almost the entire pool of mortgages will fund primary residences and were underwritten using full documentation.

Loans on used cars, extended to borrowers with prime credit characteristics, make up the reference pool of assets.

Portfolio managers should consider choosing CLOs and ABS over corporate credit and agency MBS over Treasuries in 2025, says ...

Aside from that, three collateral performance trigger events—delinquency, default and extension rate—that can force an early ...

The pool is diversified, with its top obligor accounting for 3.2% of the pool balance, and the top 10 obligors account for 14 ...

Carvana is preparing its first securitization this year backed by a pool of prime retail auto loans, selling $602.7 million ...

A Maryland judge temporarily halted mass layoffs of probationary employees at multiple agencies, citing legal violations and ...